Northeast Texas Land for Sale, near Blossom, Texas.
Acreage
1881
Price
$6,225,000
Price Per Acre
$3,189.85
Folks, this here is a Northeast Texas Farm for Sale to behold. With a 44 - 46 inch annual rainfall we're looking at 90 - 125 Bu Corn on dry-land & 200 - 230 under irrigation with NO DRYING COST; a Local Corn Market with a 35 Cent, Positive Basis, picked up on the farm. In many years, irrigation is only a back up. Water is drafted from the large, very clear Lakes. Saving the wrath of God, the water here is nearly unlimited. Pumping is very infrequent and very inexpensive. Compare that to a $250 per acre, annual pumping cost in the High Plains. Keep in mind, these Lakes are collective run-off and there is good nitrogen content in the water; superior to well water. The ability to double-crop Soy Beans & Wheat is here. You're looking at $1,000,000 in Grain facilities, Scales & Gravel alone. I don't believe the Cost-to-Production Ratio on these Northeast Texas & Southeast Oklahoma Farms can be beat any where in the United States. We're looking at an average of 45 Bu wheat just on the corners and 70 under pivot. Keep in mind that on most High Plains Farms, your corners are a 25% extra cost without enough yield to justify the fertilizer. Here, every acre produces handsomely. There's no waste here, Folks. Hail Risk here is hardly even a factor. Everyone that visits this farm will be impressed; that's a guarantee. The G & S Tim Farm (295 acres) is only a few hundred yards from this one with the Norwood Farm (156 acres) only 4 Miles South. The Clarksville area Farms (3,778 acres) are only about 30 Minutes from this Farm and would make a Nice Farm Package. Owners will Lease-Back at 5% of the Sale Price on Cultivated Acres making this farm Texas Investment Property. The 2008 Property Taxes on this Farm were $13,997.17. Come make us an offer.
Acreage
1,881 Deeded Acres +/- and 204 Lease Acres +/-.
Terrain
Flat to Gently Rolling; 1,621 Cultivated Acres, with 820 Irrigated Acres; Nearly All Cultivated.
Water
63 (Surface) Acre Lake, 47 Acre Lake, 27 Acre Lake, Multiple 5 - 10 Acre Ponds & Rural Water.
Improvements
3,598 sf Brick Main House, built in 2003; 1,008 sf Guest House, built in 2002; 1,456 sf Double-Wide; New 450,000 Bu, Fan Cooled Grain Barn; 3 New 50,000 Bu, Fan Cooled Grain Bins; New Truck Scale & Scale House with Bathroom Facilities; 2 Large Metal Shops with Huge Machine Shed Attached; 3 Large Irrigation Pivots; Commercial Catfish Farm (Leased). FOLKS, there is over 2 million dollars in depreciable assets on this farm.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.
